Newgate Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PCI
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
|
+$4.03M |
| 2 |
BlackRock Debt Strategies Fund
DSU
|
+$2.32M |
| 3 |
NQU
NUVEEN QUALITY INCOME MUNI FD
NQU
|
+$1.81M |
| 4 |
NIO
NUVEEN MUNICIPAL OPPORTUNITY FUND INC
NIO
|
+$1.8M |
| 5 |
TEI
Templeton Emerging Markets Income Fund
TEI
|
+$1.53M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DSL
DoubleLine Income Solutions Fund
DSL
|
+$3.23M |
| 2 |
MUE
BlackRock MuniHoldings Quality Fund II
MUE
|
+$1.97M |
| 3 |
BlackRock Resources & Commodities Strategy Trust
BCX
|
+$1.85M |
| 4 |
Nuveen Credit Strategies Income Fund
JQC
|
+$1.74M |
| 5 |
NQI
NUVEEN QUALITY MUNICIPAL FUND INC
NQI
|
+$1.56M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Materials | 7.58% |
| 2 | Energy | 7% |
| 3 | Technology | 4.68% |
| 4 | Financials | 3.43% |
| 5 | Utilities | 2.82% |
Similar funds
Newgate Capital Management's Q1 2015 Portfolio in Review
As of Q1 2015, Newgate Capital Management held 126 positions worth $143M, down 5.5% from $152M the previous quarter. Its ten largest holdings account for 43% of the portfolio.
Newgate Capital Management withdrew a net $9.75M in Q1 2015, closing 25 positions and reducing 52 holdings. Its most notable exit was DoubleLine Income Solutions Fund, an estimated $3.23M position sold in full.
By sector, the portfolio is most concentrated in Materials at 7.6% of assets, down from 8% a quarter earlier, followed by Energy and Technology.
Against the trend, Newgate Capital Management opened a new position in PIMCO Dynamic Credit and Mortgage Income Fund worth $4.01M.
- Newgate Capital Management's largest Q1 2015 buy was PIMCO Dynamic Credit and Mortgage Income Fund: 196,229 shares worth $4.01M.
- Newgate Capital Management added most to BlackRock Debt Strategies Fund in Q1 2015, an estimated $2.32M increase.
- Newgate Capital Management's biggest Q1 2015 reduction was BlackRock Resources & Commodities Strategy Trust, cutting an estimated $1.85M.
- Newgate Capital Management fully exited DoubleLine Income Solutions Fund in Q1 2015, selling an estimated $3.23M.
- Newgate Capital Management's ten largest holdings make up 43% of its $143M portfolio in Q1 2015.
- Newgate Capital Management opened 22 new positions and closed 25 in Q1 2015.
- Newgate Capital Management's portfolio value fell 5.5% quarter-over-quarter to $143M.
Based on Newgate Capital Management's 13F filing for Q1 2015, filed 14 May 2015.